Today we will analyze the stock PYRAMID OIL CO (P3C.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PYRAMID OIL CO (P3C.BE)
1- Last bullish trend was from 4.43 $ (3/30/2011) to 4.93 $ (4/1/2011) a 0.50 $ move 2- The current bearish trend started from 4.93 $ at 4/1/2011 and is currently trading at 4.40 $.
3- P3C.BE current support level is at 4.29 which is the 127.20 % fibonacci retracement of the last 0.50 $ move.
4- P3C.BE current resistance level is at 4.43 which is the 100.00 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PYRAMID OIL CO (P3C.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.430 and 4.060 that was broken down at 4.650 transforming into a resistance line.
PYRAMID OIL CO (P3C.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.430 and 4.060 that was broken down at 4.650 transforming into a resistance line.
PYRAMID OIL CO (P3C.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 4.930 and 5.810, and is currently resisting at 4.679.

Stock Trading Conclusion:
PYRAMID OIL CO (P3C.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 4.43, 4.53, 4.60, 4.62, 4.66, 4.68, 4.68, 4.73, 4.74, 4.81, 4.92, 4.93,.
Stock Support levels : 4.29,.